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TMCNet: Pivot3 Garners Recognition on Forbes' List of America's Most Promising Companies

[February 11, 2013]

Pivot3 Garners Recognition on Forbes' List of America's Most Promising Companies

Feb 11, 2013 (Close-Up Media via COMTEX) -- Pivot3, a supplier of video surveillance and virtual desktop infrastructure (VDI) storage appliances, announced it has been recognized in Forbes' annual ranking of America's Most Promising Companies.


Pivot3 ranked number 74 on the list of 100 privately held, high-growth companies with bright futures.

According to a release, with nearly 600 customers across the globe, Pivot3 provides purpose-built, scale-out storage and compute appliances for video surveillance and virtual desktop environments. Pivot3's flagship vSTAC product family delivers seamlessly converged, highly available shared storage and virtual server appliances for modern virtual server and data workloads.

Forbes based this year's list on a number of variables, taking into consideration company sales and employee growth, quality of management teams and investors, margins, market size and key partnerships. While making its final decisions, Forbes turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies. To refine its search, Forbes enlisted CB Insights' Mosaic software which scans 45,000 sources to measure a company's health, gathering myriad signals into a final score that Forbes then used as an initial guide in producing the list.

"It is quite an honor to be recognized in Forbes' List of America's Most Promising Companies," said Rich Bravman, chief executive officer at Pivot3. "To be acknowledged by such a well-respected publication is a great achievement for our team and a testament to our technology, and more importantly, a marker of our commitment to our customers' success. We have an extremely bright future ahead of us, as we have leading storage technology solutions, an increasing breadth of customers, strong partnerships and rapidly expanding market opportunities." More information: www.pivot3.com ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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